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10/24/2003 Archived Entry: "Intraday resistance S&P"
The attached chart has near-term resistance levels marked in red, needs to break all of them before longe become safer.
click to see chart. FYI, SK support at 1016/1018 area on ES this morning, the prior level broke overnight.
Replies: 1 Reply
Well what do you know! Compare this chart: click for chart to the one before.. The power for Fib trading! Great chart. I had a good short just the way it shows in my video seminars... OK the market is down to important support, 1016/1018 level. This is important for the bulls to maintain some hope! A bounce could setup some great short trades though.. Buy bulls buy!!! This is an important fib level too. Great shorting below!
Posted by FibMaster at 10/24/2003 10:02 AM PST
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